You can provide whatever analyses you like, it doesn't make you correct. Constantly demanding that others produce evidence about why something can't happen, even though they haven't said anything of the sort, is just ridiculous. You are desperate for confrontation and constantly conflate and exaggerate even the mildest of negative commentary, just so you can jump on your soapbox.
Absolutely the AGY share price could increase four-fold in two years. As could pretty much any other lithium stock on the ASX. Hell, RDN just put on >100% in less than 5 weeks, so yes, anything can happen. But the likelihood is another story, and there's a laundry list of issues that could easily prevent the AGY SP from running to 50c within two years, and you don't need a DCF to understand those risks:
1. Massive dilution to fund 10 ktpa expansion.
2. Dilution to continue trouble-shooting the 2 ktpa operation.
3. Lithium prices continue to bumble around current prices.
4. JZ still can't close a deal for funding/offtake.
5. Milei gets booted at the next election, and Argentina goes back to a high-taxing socialist government.
6. Scaling of 2 ktpa operation continues to go poorly.
This isn't an exhaustive list; it's just some of the key issues that could prevent a SP run.
AGY Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held
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